Felt 35

Clear Cut ภาษีการรับให้ (Gift Tax) ใครต้องเสียภาษี | กรมสรรพากร - The Revenue Department (rd.go.th) Thailand Gift Income Personal Tax - SHERRINGS

The above was actually my first thought when I thought about what is 3 million to invest in property considering the prices in the western world and that Thailand now gone to be flooded by the whole world. I have a 1-year visa, so then not interesting. Anyway, thanks for your information. Felt

Have there been any changes recently with the investment requirement in Thailand for LTR visa? I think to have seen online that Long Stay Visa company and Sansri property developer have come together on an agreement to purchase property for 3mil or more and that renting was also an option for the LTR visa requirement, I don't understand the latter, but anyway interested in any new information about LTR! Thanks Felt

Have to agree with you, but I'm afraid it's too late. They have the regulations, but greed and corruption seem to have won. Felt

I hope I'm wrong, but if "reading between the lines" in the report, I think it's a bit scary and probably means middleclass retirees out, except for the very wealthy ones who can invest in real estate and those with wealth investing in health projects gaining health tourism to Thailand.😟 Felt

With all due respect Drjack54 I think you are a little out of your area of expertise by lumping all embassies together and calling income verification a disgrace. Some embassies have full access to income information for citizens who apply for income verification, where a citizen cannot just raise their hand and swear that they have income. You can also look at this from another angle; hasn't it always been about verifying income of 65,000 baht by income verification or 800,000 in a Thai bank? There has never been any talk of a law that you have to spend 65,000 baht a month or 800,000 baht a year. By the way, 800,000 baht in a Thai bank that is just "sitting there" could be agent money, black money and not least from those who are best known for buying them in, criminals. Similar with 65k monthly without a verification that its income, my sister could send me that. Is that my income the when the <deleted> hits the fan. I hope it's not the case, and a country shouldn't be that amoralistic, but it may look like another desperate attempt by the authorities to get more money into the treasury, and then foreigners are an easy target. Felt

Ok, Thanks Felt

In a few months I will apply for a visa extension/retirement and unfortunately for the last time with income confirmation from the Embassy. Is there any transition procedure when from next year I will use monthly transfers for renewal? I started last year to ensure monthly transfers of at least 65k and I receive monthly credit advice from my bank for these transfers. Thanks Felt

Anyone know if those of us who extend their visas in Thailand annually (retirement extension) can use the insurance that AXA, among others offer for those who have O-A, O-X and LTR visas? I'm with PC now but find AXA cheaper. (however, that's online) Thanks, Felt

12% never made a claim and get 20% no claim discount. Insurance company blame rising healthcare expenses and inflation☹️ Felt

They should😉

They definitely talk politics for the people...keep 🙏 Felt

I will not bring up positive or negative aspects about either Phuket or Hua Hin, but I will mention that I moved to Hua Hin from Phuket after 23 years in Phuket when covid came as my wife was already established in Hua Hin a few years earlier due to a better position and better pay than in Phuket. I have regretted the move every day since and will move back to Phuket later this year. I will finally mention that I think it mostly depends on how we want to live and the environment and society we want around us. Felt

Yes, that lunatic clearly doesn't see beyond his own nose. He has legitimized Russia's invasion of Ukraine with his own actions and paved the way for China's invasion of Taiwan, and if he tops it off by annexing Greenland, it will be the end of NATO and it will pave the way for Putin and a new world war. Good job Donald Duck... Felt